Quest Resource Holding Corp — fact timeline

Quest Resource Holding Corp reported first quarter ended March 31, 2026 results: revenue $61.7 million, net income net loss of $2.3 million, EPS $(0.11).

“leader in environmental waste and recycling services, today announced financial results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights • Revenue was $61.7 million, a 9.8% decrease compared with the first quarter of 2025, and a 4.8% increase from the fourth quarter of 2025. • Gross profit was $9.7 million, an 11.6% decrease compared with”

Quest Resource Holding Corp reported the fiscal year ended December 31, 2025 results: revenue $250.2 million, net income $15.4 million, EPS $(0.73).

“Fiscal Year 2025 Highlights • Revenue was $250.2 million, a 13.3% decrease compared with the same period of 2024. • Gross profit was $42.5 million, a 14.9% decrease compared with the same period of 2024. • Gross margin was 17.0% of revenue, compared with 17.3% for the same period of 2024. • GAAP net loss was $15.4 million, compared with a net loss of $15.1 million for the same period of 2024. • GAAP net loss per basic and diluted share attributable to common stockholders was $(0.73), which is consistent with the same period of 2024. • Adjusted EBITDA was $9.3 million compared to $14.5 million during the same period of 2024.”

Quest Resource Holding Corp reported the fourth quarter ended December 31, 2025 results: revenue $58.9 million, net income $1.7 million, EPS $(0.08).

“Fourth Quarter 2025 Highlights • Revenue was $58.9 million, a 15.8% decrease compared with the fourth quarter of 2024, and a 7.0% decrease from the third quarter of 2025. • Gross profit was $9.1 million, a 15.1% decrease compared with the fourth quarter of 2024, and a 20.6% decrease from the third quarter of 2025. • Gross margin was 15.5% of revenue, compared with 15.3% for the fourth quarter of 2024. • GAAP net loss was $1.7 million, compared with a net loss of $9.5 million for the fourth quarter of 2024. • GAAP net loss per basic and diluted share attributable to common stockholders was $(0.08), compared with $(0.46) for the fourth quarter of 2024. • Adjusted EBITDA was $2.1 million, compared with $1.7 million for the fourth quarter of 2024.”

Quest Resource Holding Corp incurred revolving credit of $40.0 million with Texas Capital Bank at Term SOFR plus the Applicable Margin maturing December 30, 2029.

“the TCB Loan Agreement provides for an asset-based revolving credit facility in the maximum principal amount of $40.0 million”

Quest Resource Holding Corp terminated Loan, Security and Guaranty Agreement with PNC Bank, National Association (effective 2026-03-12).

“On March 12, 2026, contemporaneously with the execution and delivery of the TCB Loan Agreement, that certain Loan, Security and Guaranty Agreement, dated as of August 5, 2020, as amended, with PNC Bank, National Association, successor to BBVA USA, as a lender, and as administrative agent, collateral agent, and issuing bank, was terminated in accordance with its terms thereof and all outstanding amounts thereunder were repaid.”

Quest Resource Holding Corp entered into TCB Loan Agreement with Texas Capital Bank valued at $40.0 million (effective 2026-03-12).

“On March 12, 2026, the Company and certain of its domestic subsidiaries entered into a Loan and Security Agreement with Texas Capital Bank (the “TCB Loan Agreement”).”

Quest Resource Holding Corp amended Amendment to Warrant to Purchase Common Stock with Holders (affiliates of Monroe) (effective 2026-03-12).

“On March 12, 2026, the Company and the Holders entered into an Amendment to Warrant to Purchase Common Stock to each of the Warrants to extend the expiration date of the Warrants from March 19, 2028 to June 28, 2030.”

Quest Resource Holding Corp amended Monroe Eighth Amendment with Monroe Capital Management Advisors, LLC (effective 2026-03-12).

“On March 12, 2026, Quest Resource Holding Corporation (the “Company”) and certain of its domestic subsidiaries entered into an amendment (the “Monroe Eighth Amendment”) to that certain Credit Agreement, dated as of October 19, 2020”

Robert Lipstein was appointed as Director at Quest Resource Holding Corp.

“the Board increased the size of the Board from six to seven directors and appointed Robert Lipstein to the Board.”

Perry W. Moss was appointed as President and Chief Executive Officer at Quest Resource Holding Corp.

“On March 10, 2025, our Board appointed Perry W. Moss as the new President and Chief Executive Officer, effective as of March 12, 2025 (the “Effective Date”).”

S. Ray Hatch departed as President and Chief Executive Officer at Quest Resource Holding Corp.

“On March 12, 2025, the Company announced that S. Ray Hatch, the Company’s President and Chief Executive Officer, is retiring from his officer positions with the Company effective March 12, 2025 and his last day of employment with the Company shall be March 28, 2025 (the “Separation Date”).”

Quest Resource Holding Corp reported the first quarter ended March 31, 2024 results: revenue $72.7 million, net income $(0.03) per share, EPS $(0.03).

“Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”), a national leader in environmental waste and recycling services, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights : • Revenue was $72.7 million, a 2.0% decrease compared with the first quarter of 2023. • Gross profit was $14.0 million, a 11.1% increase compared with the first quarter of 2023. • Gross margin was 19.3% of revenue, compared with 17.0% during the first quarter of 2023. • GAAP net loss per basic and diluted share attributable to common stockholders was $(0.03), compared with $(0.10) per share during the first quarter of 2023.”

Quest Resource Holding Corp amended PNC Fourth Amendment with PNC Bank, National Association valued at Extended maturity date, adjusted interest rate, charged certain fees, increased Revolving Credit Com (effective 2024-03-29).

“On March 29, 2024, the Company and certain of its domestic subsidiaries entered into an amendment (the "PNC Fourth Amendment") to that certain Loan, Security and Guaranty Agreement, dated as of August 5, 2020 (as amended by that the Joinder and First Amendment, dated as of October 19, 2020, as amended by the Joinder and Second Amendment, dated as of December 7, 2021, as amended by the Third Amendment to Loan, Security and Guaranty Agreement, dated as of December 2, 2022, and as may be further amended restated, supplemented or otherwise modified from time to time, the "PNC Loan Agreement"), with PNC Bank, National Association, successor to BBVA USA, as a lender, and as administrative agent, collateral agent, and issuing bank, to, among other things, extend the maturity date, adjust the rate of interest, charge certain fees, increase the amount of Revolving Credit Commitments (as defined in the PNC Loan Agreement) and provide for an equipment term loan line of up to $5 million.”

Quest Resource Holding Corp amended Monroe Fifth Amendment with Monroe Capital Management Advisors, LLC valued at Changed termination date to October 19, 2026 (effective 2024-03-29).

“On March 29, 2024, Quest Resource Holding Corporation (the "Company") and certain of its domestic subsidiaries entered into an amendment (the "Monroe Fifth Amendment") to that certain Credit Agreement, dated as of October 19, 2020 (as amended by that certain First Amendment to Credit Agreement, dated as of September 3, 2021, that certain Second Amendment to Credit Agreement, dated as of December 1, 2021, that certain Third Amendment to Credit Agreement, dated as of December 7, 2021, that certain Letter Agreement, dated as of August 9, 2022, as further amended by that certain Fourth Amendment to Credit Agreement, dated as of December 2, 2022, and as may be further amended, restated, supplemented, or otherwise modified from time to time, the "Monroe Credit Agreement"), with Monroe Capital Management Advisors, LLC, as administrative agent for the lenders thereto (the "Lenders") and the Lenders.”

Quest Resource Holding Corp reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $69.3 million, net income $(0.11) per diluted share, EPS $(0.11) per diluted share.

“operational efficiency system-wide, and continued to meaningfully add proven and experienced talent throughout the organization.” Fourth Quarter 2023 Highlights : • Revenue was $69.3 million, an 11.4% increase compared with the fourth quarter of 2022. • Gross profit was $11.5 million, a 6.9% increase compared with the fourth quarter of 2022. • Gross margin was 16.6%”

Quest Resource Holding Corp reported third quarter ended September 30, 2023 results: revenue Revenue was $70.4 million, EPS GAAP net loss per diluted share attributable to common stockholders was $(0.10).

“in environmental waste and recycling services, today announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights • Revenue was $70.4 million, a 4.0% decrease compared with the third quarter of 2022. • Gross profit was $12.4 million, a 2.0% increase compared with the third quarter of 2022. • Gross margin was 17.7% of”

Quest Resource Holding Corp reported the second quarter ended June 30, 2023 results: revenue $74.5 million, net income GAAP net loss per diluted share attributable to common stockholders was $(0.04), EPS $(0.04) per diluted share.

“leader in environmental waste and recycling services, today announced financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights • Revenue was $74.5 million, a 3.1% decrease compared with the second quarter of 2022. • Gross profit was $13.5 million, a 7.9% decrease compared with the second quarter of 2022 and a 6.9% sequential”

Quest Resource Holding Corp shareholders approved Ratification of the appointment of Semple, Marchal and Cooper, LLP as independent registered public accountant for fiscal year ending December 31, 2023 at the 2023-06-29 meeting.

“Proposal No. 4 For Against Abstain Broker Non-Votes Ratification of the selection of Semple, Marchal, and Cooper, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 15,762,332 134,763 5,977 —”

Quest Resource Holding Corp shareholders approved Amendment to the Company’s 2012 Incentive Compensation Plan to extend the term at the 2023-06-29 meeting.

“Proposal No. 3 For Against Abstain Broker Non-Votes Amendment to 2012 Incentive Compensation Plan 12,268,164 781,496 2,570 2,850,842”

Quest Resource Holding Corp shareholders approved Non-binding advisory vote on the compensation paid to the Company’s named executive officers for fiscal 2022 at the 2023-06-29 meeting.

“Proposal No. 2 For Against Abstain Broker Non-Votes Non-binding advisory vote on the compensation paid to the Company’s named executive officers 12,864,184 184,415 3,631 2,850,842”

Quest Resource Holding Corp shareholders approved Election of two Class II directors to serve for a three-year term until the 2026 Annual Meeting at the 2023-06-29 meeting.

“Proposal No. 1 Election of Directors Director Nominees For Withheld Broker Non-Votes Stephen A. Nolan 12,712,238 339,992 2,850,842 Audrey P. Dunning 12,793,248 258,982 2,850,842”

Quest Resource Holding Corp reported Year Ended December 31, 2022 results: revenue $284.0 million, EPS $(0.31) per share.

“• Revenue was $284.0 million, an 82.4% increase compared with 2021. • Gross profit was $48.9 million, a 70.2% increase compared with 2021. • Gross margin was 17.2% of revenue compared with 18.4% for 2021. • GAAP net loss per share attributable to common shareholders was $(0.31), compared with net income of $0.09 ($0.08 per diluted share) during 2021.”

Quest Resource Holding Corp reported Fourth Quarter 2022 results: revenue $62.3 million, EPS $(0.17) per share.

“• Revenue was $62.3 million, a 34.2% increase compared with the fourth quarter of 2021. • Gross profit was $10.8 million, a 25.0% increase compared with the fourth quarter of 2021. • Gross margin was 17.3% of revenue compared with 18.5% during the fourth quarter of 2021. • GAAP net loss per share attributable to common stockholders was $(0.17), compared with $(0.03) per basic and diluted share during the fourth quarter of 2021.”

Quest Resource Holding Corp amended revolving credit of from $15,000,000 to $25,000,000 with PNC Bank, National Association.

“increase the amount of Revolving Credit Commitments (as defined in the PNC Loan Agreement) from $15,000,000 to $25,000,000.”

Quest Resource Holding Corp amended credit facility with Monroe Capital Management Advisors, LLC at SOFR.

“The Monroe Fourth Amendment, among other things, changed the interest rate from LIBOR to SOFR under the Monroe Credit Agreement.”

Quest Resource Holding Corp amended Intercreditor Agreement Amendment with PNC Bank and Monroe Capital Management Advisors, LLC (effective 2022-12-02).

“In connection with the Monroe Fourth Amendment and the PNC Third Amendment, PNC Bank and Monroe Capital Management Advisors, LLC entered into the First Amendment to Intercreditor Agreement (the “Intercreditor Agreement Amendment”) setting forth their relative rights with respect to their interests in the collateral under their respective agreements.”

Quest Resource Holding Corp amended PNC Third Amendment with PNC Bank, National Association, successor to BBVA USA, as a lender, and as administrative agent, collateral agent, and issuing bank valued at from $15,000,000 to $25,000,000 (effective 2022-12-02).

“On December 2, 2022, the Company and certain of its domestic subsidiaries entered into an amendment (the “PNC Third Amendment”) to that certain Loan, Security and Guaranty Agreement, dated as of August 5, 2020 (as amended by that the Joinder and First Amendment, dated as of October 19, 2020, as amended by the Joinder and Second Amendment, dated as of December 7, 2021 and as may be further amended restated, supplemented or otherwise modified from time to time, the “PNC Loan Agreement”), with PNC Bank, National Association, successor to BBVA USA, as a lender, and as administrative agent, collateral agent, and issuing bank, to, among other things, increase the amount of Revolving Credit Commitments (as defined in the PNC Loan Agreement) from $15,000,000 to $25,000,000.”

Quest Resource Holding Corp amended Monroe Fourth Amendment with Monroe Capital Management Advisors, LLC, as administrative agent for the lenders thereto (the “Lenders”) and the Lenders (effective 2022-12-02).

“On December 2, 2022, Quest Resource Holding Corporation (the “Company”) and certain of its domestic subsidiaries entered into an amendment (the “Monroe Fourth Amendment”) to that certain Credit Agreement, dated as of October 19, 2020 (as amended by that certain First Amendment to Credit Agreement, dated as of September 3, 2021, that certain Second Amendment to Credit Agreement, dated as of December 1, 2021, that certain Third Amendment to Credit Agreement, dated as of December 7, 2021, as further amended by that certain Letter Agreement, dated as of August 9, 2022, and as may be further amended, restated, supplemented, or otherwise modified from time to time , the “Monroe Credit Agreement”), with Monroe Capital Management Advisors, LLC, as administrative agent for the lenders thereto (the “Lenders”) and the Lenders.”

Quest Resource Holding Corp reported Year-to-Date 2022 results: revenue $221.8 million, net income $(2.7) million, EPS $(0.14).

“• Revenue was $221.8 million, a 102.9% increase compared with the same period of 2021. • Gross profit was $38.1 million, an 89.5% increase compared with the same period of 2021. • GAAP net loss was $(2.7) million, or $(0.14) per basic and diluted share attributable to common stockholders, compared with net income of $2.2 million, or $0.12 per basic and $0.11 per diluted share, respectively, during the same period of 2021.”

Quest Resource Holding Corp reported Third Quarter 2022 results: revenue $73.4 million, net income $(1.7) million, EPS $(.09).

“• Revenue was $73.4 million, a 96.3% increase compared with the third quarter of 2021. • Gross profit was $12.2 million, a 77.8% increase compared with the third quarter of 2021. • GAAP net loss was $(1.7) million, or $(.09) per basic and diluted share attributable to common stockholders, compared with net income of $386,000, or $0.02 per basic and diluted share, in the third quarter of 2021.”

Brett Johnston was appointed as Senior Vice President and Chief Financial Officer at Quest Resource Holding Corp.

“On October 7, 2022, the Board of Directors (the “Board”) of Quest Resource Holding Corporation, a Nevada corporation (the “Company”), appointed Brett Johnston as the new Senior Vice President and Chief Financial Officer, effective November 1, 2022.”

Laurie L. Latham departed as Senior Vice President and Chief Financial Officer at Quest Resource Holding Corp.

“On April 20, 2022, Laurie L. Latham, the Senior Vice President and Chief Financial Officer of Quest Resource Holding Corporation (the “Company”), and a named executive officer of the Company, informed the Company of her plans to retire from her positions with the Company effective August 31, 2022.”

Glenn Culpepper was appointed as Director at Quest Resource Holding Corp.

“On July 1, 2021, the Board of Directors (the “Board”) of Quest Resource Holding Corporation, a Nevada corporation (the “Company”), appointed Glenn Culpepper as a new director on the Board, effective immediately.”